3 years ago

Help please I’m trying to go to sleep

Mathematics

1 answer:

Varvara68 [4.7K]3 years ago

6 0

Answer: y > -4 (red)

Step-by-step explanation:

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If a monopolist supplies goods at a price; P = 170 - Q, with marginal cost; MC = 52. Find the quantity and price

Arada [10]

Answer:

Quantity = 59 units

Price = $111

Step-by-step explanation:

The Demand function is given by

$P = 170 - Q$

The Marginal cost is given by

$MC = 52$

We are asked to find the quantity and price of goods.

Firstly, obtain the Marginal revenue function from the demand function

The Total revenue is given by

$TR = P \times Q \\\\TR = (170 - Q) \times Q \\\\TR = 170Q - Q^2$

The Marginal revenue is the derivative of the Total revenue,

$MR = \frac{d}{dQ} (TR) = 170Q - Q^2 \\\\MR = \frac{d}{dQ} (TR) = 170 - 2Q \\\\$

Assuming that the monopolist maximizes profits,

$MR = MC \\\\170 - 2Q = 52\\\\2Q = 170 - 52\\\\2Q = 118\\\\Q = 118/2\\\\Q = 59$

Therefore, the quantity is 59 units.

The price of each good is

$P = 170 - Q \\\\P = 170 - 59 \\\\P = 111$

Therefore, the price is $111.

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IRINA_888 [86]

Answer:

The Similarity of Fossils found on Continental Coasts

Step-by-step explanation:

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Given f(x) shown below complete the equation for the inverse of f(x) = x-1

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Replace f(x) with y
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Answer:

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Step-by-step explanation:

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|2x+5|=20

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